Consumer Affairs Legislation Amendment Act 2010 affects Owners Corporation Administration

Whilst the Consumer Affairs Legislation Amendment Bill 2009 was introduced to Parliament merely seeking to clarify the Government`s intentions re OC Act that existed at the time of introduction The overall effect of the changes will see extra requirements imposed on OC`s and the managers.

The Act was assented on 9/2/10 and the section amending the OC Act will come into operation 1/11/11 unless proclaimed earlier

Some of the areas affected:

The need to delegate by instrument OC Committee powers at all AGMs

A requirement that the OC seal Include Plan of Subdivision Number and further control over use

The requirement to affirm if interest is to be charged on arrears

Additional OC Insurance obligations

The inclusion of the previous AGM minutes and reports for consideration with Meeting Notices

The requirement to have accounts settled (unless cash) 4 business days prior to AGM

The Chairman and secretary can be revoked by the OC Committee

Functions of Manager where no Committee

Sealing of OC Certificate and availability of register

 

For full details of the Act see www.legislation.vic.gov.au

 

Further details are available from this web page

or call

DR Strata Management on

03 97075330

or email  info@drstrata.com.au

 

 

 

 

 

EMERGENCIES

BUILDING EMERGENCY

 

Normal Business Hours

call DR Strata Management on (03) 9707 5330

 

Out of Hours

BUILDING EMERGENCIES ONLY

In a case of a building or trade emergency

ring Tymaline Building Services

0418 362 023

NOTE – BUILDING EMERGENCIES ONLY

 

For administrative or other matters please

e-mail info@drstrata.com.au  

or telephone 9707 5330

or fax to 9796 1494